Monday, 1 February 2010

10 buyers to every house for sale in Berkshire

If you're planning on selling your house, this could be the best time of year to do it. Sellers are so few and far between at the moment that I estimate there's probably around ten buyers for every seller in Berkshire at present. The shortage of houses for sale is a problem across the country for buyers and estate agents.

This is great news for sellers. It means you've got the goods that are in demand. Sorry, buyers- you've got a lot of competition. With house prices rising in January and an apparent end to the recession, investors and affluent families are looking to upgrade.

“Demand for prime property is escalating among both affluent families and City bankers planning to channel their bonuses into bricks and mortar, so the next couple of months will be the best time to sell in 2010,” says Andrew Smith, head of research at Primelocation.com to the Guardian. Interest from buyers at Prime Location is currently up by 25%.

Newbury and Kintbury are particularly highly sought after areas and I would recommend that anybody holding out until Easter to sell their property this year should consider putting their house up for sale now. These next two months could be the best time to sell your house this year. You could have a viewing within a week.

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